Teva Pharmaceutical Industries Q2 Adjusted Earnings, Revenue Fall; Raises 2026 Revenue Guidance

MT Newswires Live

07/29

Teva Pharmaceutical Industries (TEVA) reported Q2 adjusted earnings Wednesday of $0.02 per diluted share, compared with $0.66 a year earlier.

Analysts polled by FactSet expected $0.05.

Net revenue for the quarter ended June 30 was $4.14 billion, down from $4.18 billion a year earlier.

Analysts expected $4.02 billion.

The company raised its 2026 revenue guidance to $16.5 billion to $16.85 billion, from its previous outlook of $16.4 billion to $16.8 billion.

Analysts expect $16.52 billion.

Teva reaffirmed its full-year adjusted EPS guidance of $1.91 to $2.11.

Analysts expect $2.02.

Shares of the company were up 5.69% in Wednesday premarket activity.

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